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Article Of Organization Form

Article Of Organization Form Template for India

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Article Of Organization Form

"I need an Article of Organization Form for a technology startup in Bangalore, India, planning to launch by March 2025, with provisions for future foreign investment and multiple share classes to accommodate venture capital funding."

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Document background
The Article of Organization Form is a crucial document required when incorporating a company in India. It must be prepared and filed in accordance with the Companies Act, 2013, and serves as the founding document that establishes the company's existence and basic framework. This document is mandatory for all new company incorporations and must be submitted to the Registrar of Companies along with other prescribed forms and supporting documentation. The Article of Organization Form contains vital information about the company's structure, including details about its name, registered office, objects, share capital, initial subscribers, and management structure. It forms part of the company's constitutional documents and is binding on all present and future members of the company.
Suggested Sections

1. Name and Type of Company: States the proposed name of the company and its type (private limited, public limited, etc.)

2. Registered Office: Specifies the state where the registered office is located and complete address

3. Objects of the Company: Details the main objectives and business activities the company intends to pursue

4. Liability of Members: Declares the nature and extent of liability of members/shareholders

5. Share Capital: States the authorized share capital and its division into shares of fixed amount

6. Subscriber Information: Details of initial subscribers including names, addresses, and their initial shareholding

7. Management Structure: Outlines the basic management structure including first directors and their details

8. Rules and Regulations: Basic rules governing the internal management of the company

Optional Sections

1. Foreign Investment Provisions: Include when the company expects foreign investment or foreign shareholders

2. Special Rights and Restrictions: Add when creating different classes of shares with specific rights

3. Branch Offices: Include if the company plans to establish branch offices

4. Additional Business Activities: Include when the company plans to engage in multiple business verticals

5. Special Management Provisions: Add when implementing specific management structures or committees

6. Quorum Requirements: Include specific quorum requirements for different types of meetings

Suggested Schedules

1. Schedule I - Subscriber Details: Detailed information about subscribers including ID proofs and contact details

2. Schedule II - Initial Directors: Comprehensive information about first directors including DIN, address proofs

3. Schedule III - Share Capital Structure: Detailed breakdown of share capital, classes of shares if any

4. Schedule IV - Business Activities: Detailed list of all proposed business activities with NIC codes

5. Appendix A - Consent Letters: Consent letters from directors and professionals

6. Appendix B - Declaration Forms: Statutory declarations and forms required for registration

7. Appendix C - Supporting Documents: Additional documentation including address proofs, ID proofs, etc.

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Act
Articles
Board of Directors
Company
Director
Financial Year
General Meeting
Managing Director
Member
Memorandum
Office
Ordinary Resolution
Paid-up Share Capital
Person
Private Company
Public Company
Register of Members
Registrar
Seal
Secretary
Share
Share Capital
Shareholder
Special Resolution
Subscriber
Whole-time Director
Writing
Annual General Meeting
Extraordinary General Meeting
Dividend
Board Meeting
Digital Signature
Authorized Representative
Registered Office
Corporate Identity Number
Quorum
Officers
Proxy
Resolution
Voting Rights
Clauses
Name and Registered Office
Objects of the Company
Share Capital and Variation
Lien on Shares
Calls on Shares
Transfer of Shares
Transmission of Shares
Forfeiture of Shares
Alteration of Capital
Capitalization of Profits
Buy-back of Shares
General Meetings
Proceedings at General Meetings
Voting Rights
Board of Directors
Powers of Board
Proceedings of Board
Chief Executive Officer and Company Secretary
Dividends and Reserves
Accounts and Audit
Common Seal
Winding Up
Indemnity and Insurance
Secrecy
First Directors
Share Certificates
Management Structure
Member Rights and Obligations
Board Committees
Corporate Governance
Borrowing Powers
Related Party Transactions
Amendment Provisions
Relevant Industries

Technology

Manufacturing

Real Estate

Financial Services

Healthcare

Retail

Education

Professional Services

Agriculture

Transportation

Energy

Entertainment

Construction

Hospitality

E-commerce

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Affairs

Finance

Administration

Risk Management

Corporate Governance

Business Development

Operations

Executive Leadership

Relevant Roles

CEO

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Chief Financial Officer

Managing Director

Director of Operations

Business Development Manager

Corporate Affairs Manager

Legal Administrator

Risk Manager

Company Director

Incorporation Specialist

Regulatory Affairs Manager

Industries
Companies Act, 2013: Primary legislation governing company formation, registration, and regulation in India. Covers incorporation requirements, company structure, management, and compliance obligations.
Limited Liability Partnership Act, 2008: Relevant if considering LLP structure instead of company formation. Provides framework for formation and operation of Limited Liability Partnerships.
Foreign Exchange Management Act (FEMA), 1999: Regulates foreign investment and cross-border transactions if the organization involves foreign stakeholders.
State-specific Business Registration Acts: Local laws and regulations specific to the state where the organization will be registered and operate.
Income Tax Act, 1961: Tax regulations affecting company structure, compliance requirements, and financial obligations.
Goods and Services Tax (GST) Laws: Registration and compliance requirements under India's unified tax system for businesses.
Indian Registration Act, 1908: Governs the registration of documents and procedures for official recognition of business entities.
Information Technology Act, 2000: Relevant for digital signatures and electronic filing of documents during company registration.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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